approach (political, busin上海楼凤demic) when tacklin

g these themes and their discussions primarily revolved around the development in Greater Bay Area of Guan

gdong, Hong Kong and Macao, as well as Guangdong’s competitive advantage in the Belt and Road Initiative. They上海楼凤女神会所

also took to explore how China and Singapore can promote collaborations in the new era, and bring about high quality dev

上海楼凤elopment, reform and innovation to highlight the unique role that SSGKC plays throughout this process.

The Sino-Singapore center in Guangzhou aims to become a high-tech hub for South China, by attracting world-class companies

Sino-Singapore Guangzhou Knowledge City in Guangzhou – a smart eco technology center being developed to showcase the latest in sustainable de上海楼凤女神会所

velopment – will take measures to attract more leading companies and institutions, officials said.

These will aim at developing the facility, a 123-square-kilometer green-field township in Guangzhou, into a high-tech hub in South China.上海楼凤

The knowledge city was selected as one of the core platforms that supp

上海楼凤女神会所ort the Guangzhou-Shenzhen science and technology innovation corridor con

struction in Guangdong province, which involves the cities of Guangzhou, Shenzhen and Dongguan.

“As a core platform for constructing the corridor, SSGKC will enhance infrastructure construction and continue to expan上海楼凤

d its transportation network,” said Xu Hui, deputy director of the development and construction office of SSGKC.

This year’s forum is hosted by SSGKC, organized by SSGKC’s Center of Excellence for Softw

are Transfer (CEST), and co-organised by Business China and SSGKC Investment and Development Co Ltd.上海楼凤女神会所

The forum also serves as a follow-up to the Singapore-Guangdong Coll

aboration Council 9th meeting that took place on the morning of Aug 24, 2018 in Sin

上海楼凤女神会所gapore, which was co-chaired by Minister Ong Ye Kung and Governor Ma Xingrui. They have also witnessed the sig

ning of several collaborative memorandums of understanding and strategic partnership agreements bet

ween Guangdong and Singapore in areas related to artificial intelligence, smart travel and talents training.

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After a half-month visit to China, a team from the IM

led by Asia and Pacific Department Deputy Director Kenneth Kang, summarized that “China can play an impor

tant role and would benefit from further opening up and other structural reforms that enhance competition.”

The previously issued policy is sufficient to stabilize growth by 2020, despite the rec

ent US tariff hike, according to the fund’s report. “No additional policy easing is ne

eded, provided there are no further increases in tariffs or a significant slowdown in growth.”

Only if the trade tensions further escalate and threaten economic and financial stability, a

dditional policy easing, such as fiscal expansion, could be used to stabilize the economy, it said.

www.ypcxf.cn

White paper: US backtracks on its pledgesington’s dema

The United States should take responsibility for the setback in economic and tra

de consultations with China, a government white paper said, warning that “red lines” cannot be crossed.

The US government has backtracked on its commitments three times in the trade negotiations with

China and should bear sole responsibility for the stalled progress, the paper said on Sunday.

The white paper, “China’s Position on the China-US Economic and Trade Consultations”, was

released by the State Council Information Office. It came amid ongoing tension between the world’s two largest economies.

Speaking at a news conference on Sunday, Vice-Minister of Commerce Wang Shouw

en said China is willing to work together with the US to find solutions concerning differences on the eco

nomic and trade fronts, and to reach a mutually beneficial and win-win agreement.

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hina to issue white paper on China-US economic, trade

 China will issue a white paper about its stance on economic and trade talks with the United States Sunday morning.

The white paper, titled China’s Position on the China-US Economic and Trade Consultat

ions, will be released at 10 am on June 2 by the State Council Information Office, which will also hold a press conference.

China has raised additional tariffs to a maximum 25 percent on part of the $60 billion worth of US pr

oducts, effective June 1, according to a statement by the Customs Tariff Commission of the State Council.

The rates of additional tariffs on some of the products will be increased to 25 percent, 20 percent, and 10 percent, re

spectively. The 5 percent additional tariffs applied to some products remained unchanged.

The move came after the US’ latest tax increase on $200 billion worth of Chinese goods from 10 percent to 25 percent.

 

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t of Tesla Inc. The official website of Tesla even crashe

The development of national economic and technological development zones should stick to innov

ation and opening-up, prioritize high-quality output, and remain market-oriented, the circular said.

A slew of approaches will be taken to beef up the open econom

y quality of the development zones, including diversifying ways of utilizing foreign inves

tment and introducing multinational enterprises’ regional headquarters, research and development cent

ers, and finance departments. Improving the quality of foreign trades and supporting qualified development zone

s to establish comprehensive bonded areas also are among the plans.ent zones, in a bid to boost their international co

mpetitiUS electric car maker Tesla Inc priced its China-made Model 3 vehicles from 328,000 yuan ($47,529) on Friday, acco

rding to a report from wallstreetcn.com. The first pre-order for Tesla Model 3 was completed in just three min

utes after registration started on Friday morning, according to the official Sina Weibo accoun

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Responding to a question on China’s considerations behin

 behind sending Wei to this year’s Shangri-La Dialogue, Wu said that China chooses the head of its delegation in accordance with the situation.

He added that China and the United States are in active talks on whether Wei will meet Patrick M. Sha

nahan, acting US secretary of defense, during the event and information on that will be published later.

Wei has been in Singapore since Tuesday and has met with leaders of the Singaporea

n government as part of his visit to the Southeast Asian nation, Singapore media reported.

Zhao Xiaozhuo, a senior researcher of international military relatio

ns at the PLA Academy of Military Science, said that the attendance of Wei, as the second part

icipation of a Chinese defense minister to the Shangri-La Dialogue, shows that China plac

riuy8.cn

At present, 5G has become the driving force to boost Ch

hina’s innovative and high-quality development,” Sui Zhenjiang, vice-mayor of Beijing, said on Wedne

sday during a 5G industrial development and investment summit held in Yizhuang, in southeastern Beijing.

“Beijing is actively transforming itself as a national scientific and tech

nological innovation center. With advantages in complete telecom infrastructure, abunda

nt talent and strong research and development capabilities, we have the resolve to accelerate the push for making brea

kthroughs in 5G technologies and build an independent and innovative 5G industrial system,” Sui said.

As of May 24, the three major telecom operators-China Mobile, Chin

a Telecom and China Unicom-have established 4,700 5G base stations in Beijing, acc

ording to Wang Gang, head of the Beijing Municipal Bureau of Economy and Information Technology.

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The strategic guiding role of national development plannin

ng should be leveraged to improve coordination mechanisms

for economic policies such as finance, currency, employment, industry, and regional develop

ment to ensure the nation’s economic development stays within a reasonable range, the statement said.

The meeting highlighted the importance of strengthening innovative cap

abilities as well as opening-up and cooperation in this regard, and called for improving the serv

ices and environment for opening-up and cooperation so that development is promoted through opening-up, inn

ovation is advanced through reforms and win-win results are achieved through cooperation, it said.

Tough and newly emerging problems should be resolved through deepening reforms, the state

ment said, adding that the capability of dealing with challenges and preventing risks should be intensified.

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Still, the victory of the Brexit Party could prompt the Cons

servatives to choose a new leader to campaign on a “no-deal” Brexit. But

this has little or no chance of being accepted by the British parliament, which means the B

rexit stalemate will continue until there is a general election or a second referendum. In any case, the normally pr

ofree trade voice of the UK will be reduced in the new European Parliament.

Beijing‘s first bikeway, which connects Huilongguan in Changping district and Shangdi in

Haidian district for cyclists, has finished the colored pavement and is about to open this week.

The bicycle-only road has a maximum speed of no more than 15 kilom

eters per hour and is forbidden to entry by pedestrians, electric bicycles and other vehi

cles, according to traffic rules on the bikeway released by the Beijing Municipal Commission of Transport.

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So far EU ministers have only agreed a modest mandat

 to discuss reductions in tariffs in industrial goods and to seek agreement on conformity assessments. EU Trade Commissioner Cecilia Malmstrom is opp

osed to any quota agreement on cars and has lambasted the national security excuse put forward by the White House.

The most prominent supporter of free trade is the center-right European People’s Party which lost sea

ts largely to right-wing parties opposed to free trade, and to the Greens which want tougher conditions attached to trade deals.

The center-left Socialists are also broadly in support of free trade but lo

st seats, while the pro-trade Liberals (the Alliance of Liberals and Democrats for Europe) gai

ned seats. But the Liberals are now aligned with French President Emmanuel Macron’s En Ma

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